Form 990 for tax year 2025
Filed by COLORADO RIVERFRONT FOUNDATION INC.
Totals
- Total revenue
- $260,996
- Total expenses
- $274,058
- Contributions and grants received
- $109,270
- Grants paid
- $75,000
- Program service revenue
- $90,671
- Investment income
- $61,055
- Other revenue
- $0
- Total assets, end of year
- $1,126,738
- Total liabilities, end of year
- $4,214
- Net assets or fund balances, end of year
- $1,122,524
- Program services expenses (Part IX)
- $247,157
- Management and general expenses
- $20,686
- Fundraising expenses
- $6,215
- Program service expenses (Part III)
- $247,157
Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$150
-
1e · Government grants (contributions)
$26,181
-
1f · All other contributions, gifts and grants
$82,939
-
2a · Program service revenue: COLO RIVER CONCERT SER
total $90,671 · related or exempt $90,671
-
3 · Investment income
total $30,146 · excluded $30,146
-
7a · Gross sales of assets other than inventory
securities $551,837
-
7b · Less cost or other basis and sales expenses
securities $520,928
-
7c · Gain or loss
securities $30,909
-
7d · Net gain or loss
total $30,909 · excluded $30,909
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: MISCELLANEOUS INCOME
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $75,000 · program services $75,000
-
7 · Other salaries and wages
total $35,381 · program services $21,229 · management and general $10,614 · fundraising $3,538
-
10 · Payroll taxes
total $2,707 · program services $1,624 · management and general $812 · fundraising $271
-
11c · Fees: accounting
total $1,200 · program services $600 · management and general $600
-
11f · Fees: investment management
total $3,849 · management and general $3,849
-
12 · Advertising and promotion
total $15,125 · program services $12,099 · management and general $1,513 · fundraising $1,513
-
13 · Office expenses
total $3,129 · program services $1,877 · management and general $939 · fundraising $313
-
14 · Information technology
total $5,135 · program services $3,082 · management and general $1,540 · fundraising $513
-
16 · Occupancy
total $674 · program services $405 · management and general $202 · fundraising $67
-
19 · Conferences, conventions and meetings
total $854 · program services $598 · management and general $256
-
24a · Other expenses: RIVERFRONT CONCERT EXPENSES
total $110,651 · program services $110,651
-
24b · Other expenses: OTHER RIVERFRONT EXPENSES
total $13,116 · program services $13,116
-
24c · Other expenses: BENCHES
total $3,535 · program services $3,535
-
24d · Other expenses: RIVER FEST SPONSORSHIP
total $2,500 · program services $2,500
-
24e · All other expenses
total $1,202 · program services $841 · management and general $361
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $105,685 · end of year $119,921
-
2 · Savings and temporary cash investments
beginning of year $531,734 · end of year $463,091
-
11 · Investments: publicly traded securities
beginning of year $398,419 · end of year $454,525
-
12 · Investments: other securities
beginning of year $68,118 · end of year $84,126
-
15 · Other assets
beginning of year $983 · end of year $5,075
-
17 · Accounts payable and accrued expenses
beginning of year $662 · end of year $4,214
-
27 · Net assets without donor restrictions
beginning of year $1,080,995 · end of year $1,099,242
-
28 · Net assets with donor restrictions
beginning of year $23,282 · end of year $23,282
Mission and programs · 2025
Mission
The Foundations primary exempt purpose is to reclaim the Colorado Riverfront corridor between Palisade, Grand Junction and Fruita, Colorado.
-
Colorado Riverfront Concert Series - The purpose of this concert series is to bring the community to the riverfront venue and educate them on our ongoing reclamation of the river corridor, including wildlife habitat, tamarisk and noxious weed removal, recreational opporunities on our completed trails, newly completed trail connections and proposed trail connections. During our 25 years of the Colorado Riverfront Concerty Series, we have seen our attendance numbers increase from just a few hundred attendees to approximately 1,600 attendees for each of our two concerts during the year.
Expenses $126,111 · Revenue $90,671
-
The Colorado Riverfront Foundation provides funds for trail easements, easement/land appraisals, land acquisitions, trail building and trail repair which is part ofour ongoing effort to reclaim the river corridor, indluding widllife habitat, tamarisk and noxious weed removal, recreational opportunities on our completed trails, newly completed trails connections and proposed trail connections.
Expenses $121,046
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John Gormley
Presient
- Total calculated
- $0
- Hours/week
- 5
-
Dr William Findlay
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Mark Gardner
Secretary Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Patrick Kennedy
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Kurt Mill
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
William Prakken
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Katie Steele
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Brad Taylor
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Lenna Watson
Board Member
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$50,000
BUILDING CAMPAIGN
-
$15,000
WELLSPRING AND RIVER CORRIDOR INITIATIVE
-
$10,000
OPERATING SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 29 April 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611329349305376
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.